Bookkeeping doesn't have to be a nightmare. The best approach to bookkeeping for independent contractors is here.

Thousands of people are self-employed, but do they understand what that means for their taxes?Lisa London, CPAgives step-by-step instructions in setting up your accounting system, explains how to keep on top of the paperwork, how to file quarterly employment taxes, and shows the detail behind deductions on Schedule C. Let London BANISH Your Bookkeeping Nightmares.

Author of the top-sellingThe Accountant Beside Youseries and CPA Lisa London gives entrepreneurs step-by-step instruction in setting up your accounting systems, explains how to keep on top of the paperwork, how to file quarterly employment taxes, and details what is deductible and what isn’t. London wants you to focus on growing your businesses, not on becoming accountants.Banish Your Bookkeeping Nightmaresshows how to analyze what financial data is required, how to automate it where possible, how to keep it current without taking too much time from a business, and how to give the IRS what they need without any prior accounting knowledge.London’s trademark step-by-step instructions and generous illustrations take the fear and frustration out of accounting for the self-employed. She details the income and deductions behind Schedule C, how to keep track of them, and how to report them to the IRS.

Learn:• A simple rule to determine if something is deductible or not• How to use your mobile phone to make tax time easier• A simple method to calculate the home office deduction• What self-employment taxes are and how to handle them• How to fill out the necessary federal forms, line by line• And so much more.

Whether you are anAirBnBhost, anUberdriver, a freelancer, or any other type of solo entrepreneur, let London BANISH Your Bookkeeping Nightmares.

ISNI 0000 0004 5059 7909 Lisa London, Author

ContentsThe BANISH SystemBANISH Step 1—Brief YourselfA. How Do You Know What You Need?B. State Required FormsC. Bank or Other Lender RequirementsD. What do YOU Need to Run Your Business?E. A Quick Accounting Lesson (I promise it won’t be painful.)F. Cash vs Accrual Methods of Recording Income and ExpensesG. Financial Reports